This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels.
Here's the list of options activity happening in today's session:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
NVDA | CALL | TRADE | BEARISH | 05/10/24 | $900.00 | $25.2K | 14.6K | 98.9K |
INTC | CALL | SWEEP | BEARISH | 05/17/24 | $32.00 | $48.8K | 9.4K | 9.2K |
TSM | CALL | TRADE | BEARISH | 06/21/24 | $140.00 | $64.4K | 29.3K | 9.2K |
AMD | CALL | SWEEP | BEARISH | 05/17/24 | $152.50 | $30.3K | 2.1K | 5.7K |
ARM | PUT | TRADE | BEARISH | 05/10/24 | $110.00 | $28.7K | 518 | 4.5K |
SOUN | CALL | SWEEP | BEARISH | 05/17/24 | $4.50 | $59.1K | 3.6K | 2.4K |
AAPL | CALL | SWEEP | BULLISH | 05/31/24 | $180.00 | $45.5K | 38.0K | 1.5K |
MARA | CALL | TRADE | BEARISH | 06/21/24 | $19.00 | $35.0K | 2.3K | 1.3K |
AEIS | CALL | TRADE | BEARISH | 05/17/24 | $100.00 | $235.3K | 1.4K | 1.3K |
IOT | CALL | SWEEP | BEARISH | 07/19/24 | $50.00 | $52.9K | 1.6K | 516 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For NVDA NVDA, we notice a call option trade that happens to be bearish, is expiring today. Parties traded 100 contract(s) at a $900.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $253.0 per contract. There were 14618 open contracts at this strike prior to today, and today 98914 contract(s) were bought and sold.
• For INTC INTC, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on May 17, 2024. This event was a transfer of 8000 contract(s) at a $32.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $48.8K, with a price of $6.0 per contract. There were 9489 open contracts at this strike prior to today, and today 9270 contract(s) were bought and sold.
• Regarding TSM TSM, we observe a call option trade with bearish sentiment. It expires in 42 day(s) on June 21, 2024. Parties traded 50 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $64.4K, with a price of $1289.0 per contract. There were 29378 open contracts at this strike prior to today, and today 9248 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on May 17, 2024. Parties traded 100 contract(s) at a $152.50 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $30.3K, with a price of $303.0 per contract. There were 2136 open contracts at this strike prior to today, and today 5784 contract(s) were bought and sold.
• For ARM ARM, we notice a put option trade that happens to be bearish, is expiring today. Parties traded 250 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $28.7K, with a price of $115.0 per contract. There were 518 open contracts at this strike prior to today, and today 4576 contract(s) were bought and sold.
• Regarding SOUN SOUN, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on May 17, 2024. Parties traded 844 contract(s) at a $4.50 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $59.1K, with a price of $70.0 per contract. There were 3607 open contracts at this strike prior to today, and today 2421 contract(s) were bought and sold.
• For AAPL AAPL, we notice a call option sweep that happens to be bullish, expiring in 21 day(s) on May 31, 2024. This event was a transfer of 100 contract(s) at a $180.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $45.5K, with a price of $455.0 per contract. There were 38070 open contracts at this strike prior to today, and today 1551 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option trade with bearish sentiment. It expires in 42 day(s) on June 21, 2024. Parties traded 200 contract(s) at a $19.00 strike. The total cost received by the writing party (or parties) was $35.0K, with a price of $175.0 per contract. There were 2314 open contracts at this strike prior to today, and today 1390 contract(s) were bought and sold.
• For AEIS AEIS, we notice a call option trade that happens to be bearish, expiring in 7 day(s) on May 17, 2024. This event was a transfer of 1300 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $235.3K, with a price of $181.0 per contract. There were 1449 open contracts at this strike prior to today, and today 1300 contract(s) were bought and sold.
• For IOT IOT, we notice a call option sweep that happens to be bearish, expiring in 70 day(s) on July 19, 2024. This event was a transfer of 499 contract(s) at a $50.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $52.9K, with a price of $106.0 per contract. There were 1649 open contracts at this strike prior to today, and today 516 contract(s) were bought and sold.
Options Alert Terminology
- Call Contracts: The right to buy shares as indicated in the contract.
- Put Contracts: The right to sell shares as indicated in the contract.
- Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it.
- Premium/Option Price: The price of the contract.
For more information, visit our Guide to Understanding Options Alerts or read more news on unusual options activity.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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